The Client

Repeat Borrower
• Loan Purpose
Fix And Flip Loan
• Loan Structure
12 Months Interest Only
• Loan Used

The Investment

Fix & Flip - Single Family
• Purchase Price
$140,000
• Renovation Budget
$30,000
• Loan Amount
$142,000
• Cash Available for Purchase
$112,000
• Cash Available for Renovation
$30,000

The ABL Partnership

After completing his first fix and flip project in Connecticut with the help of ABL’s hard money loan, this real estate investor came back to ABL to finance his second project. The scope of work for this $30,000 renovation is mostly cosmetic and includes upgrading the roof and windows, opening up the kitchen, and other minor repairs throughout the property.

The Results

• After Repair Value
$225,000
• Sale Price
• Return on Investment
• Project Payoff
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